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Lululemon stock jumps as international growth helps to offset slowing U.S. sales - TL;DR CNBC

Lululemon stock jumps as international growth helps to offset slowing U.S. sales

Publishing timestamp: 2024-12-05 21:19:18


Summary

Lululemon beat Wall Street's expectations in Q3, but CEO takes cautious tone for Q4 outlook. Company's U.S. growth is slowing, but international sales are growing. Lululemon is focusing on new product releases and stock buybacks to keep investors happy.


Sentiment: MIXED

Tickers: NKELEVIGAPVFCLULU

Keywords: retail industrycalvin mcdonaldgap inclululemon athletica incbusiness newsbreaking news: businessnike incvf corpbreaking news: earningsearningslevi strauss & counited statesbusiness

Source: https://www.cnbc.com/2024/12/05/lululemon-lulu-earnings-q3-2024.html


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